L Brands Reports May 2018 Sales

L Brands, Inc. (NYSE:LB) reported net sales increased 10 percent to $851.9 million for the four weeks ended June 2, 2018, compared to net sales of $774.3 million for the four weeks ended May 27, 2017. Comparable sales for the four weeks ended June 2, 2018, increased 5 percent compared to the four weeks ended June 3, 2017.

The company reported net sales of $3.478 billion for the 17 weeks ended June 2, 2018, an increase of 8 percent compared to net sales of $3.211 billion for the 17 weeks ended May 27, 2017. Comparable sales for the 17 weeks ended June 2, 2018, increased 3 percent compared to the 17 weeks ended June 3, 2017.

http://investors.lb.com/phoenix.zhtml?c=94854&p=irol-newsArticle&ID=2353465

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